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Chill Out Novelties sells ice cream bars from a kiosk near campus. Fixed costs are $400 per week and the variable cost is $2.00 per ice cream bar. Complete the following table for the levels of ice cream bars sold per week. (Round your cost per bar answers to 2 decimal places.) Number of Ice Cream Bars 450 920 1,270 Total Fixed Cost 400 $ 400 $ 400 Fixed Cost per Bar 0.89 2.30 3.18 Variable Cost per Bar Total Variable Cost Total Cost Cost per Bar 900.00 1,840.00 2,540.00 +

Chill Out Novelties sells ice cream bars from a kiosk near campus. Fixed costs are $400 per week and the variable cost is $2.00 per ice cream bar. Complete the following table for the levels of ice cream bars sold per week. (Round your cost per bar answers to 2 decimal places.) Number of Ice Cream Bars 450 920 1,270 Total Fixed Cost 400 $ 400 $ 400 Fixed Cost per Bar 0.89 2.30 3.18 Variable Cost per Bar Total Variable Cost Total Cost Cost per Bar 900.00 1,840.00 2,540.00 +

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Chill Out Novelties sells ice cream bars from a kiosk near campus. Fixed costs are $400 per week and the variable cost is $2.00 per ice cream bar. Complete the following table for the levels of ice cream bars sold per week. (Round your cost per bar answers to 2 decimal places.) Number of Ice Cream Bars Total Fixed Cost Fixed Cost per Bar Variable Cost per Bar Total Variable Cost Total Cost Cost per Bar 450 920 $ 400 $ 400 $ 1,270 400 0.89 2.30 3.18 900.00 1,840.00 2,540.00 +
Transcribed Image Text:Chill Out Novelties sells ice cream bars from a kiosk near campus. Fixed costs are $400 per week and the variable cost is $2.00 per ice cream bar. Complete the following table for the levels of ice cream bars sold per week. (Round your cost per bar answers to 2 decimal places.) Number of Ice Cream Bars Total Fixed Cost Fixed Cost per Bar Variable Cost per Bar Total Variable Cost Total Cost Cost per Bar 450 920 $ 400 $ 400 $ 1,270 400 0.89 2.30 3.18 900.00 1,840.00 2,540.00 +
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